Page 161 - Sotheby's Arcadian beauty Song Pottery Oct. 3, 2018
P. 161

GLOSSARY FOR CHINESE WORKS   Provenance In certain circumstances,   Magnifi cent Jewels & Jadeite and Modern &   □ No Reserve
               OF ART                    Sotheby’s may print in the catalogue the   Contemporary Art – Evening Sale) and of   Unless indicated by a box (□), all lots in this
                                         history of ownership of a work of art if such   HK$2,000,000 or such other higher amount   catalogue are off ered subject to a reserve.
               The  following  are  examples  of  the  information contributes to scholarship   as may be determined by Sotheby’s (for any   A reserve is the confi dential hammer price
               terminology used in this catalogue. Please   or is otherwise well known and assists in   items in other categories), and any fi nancial   established between Sotheby’s and the
               note that all statements are made subject   distinguishing the work of art. However, the   references, guarantees and/or such other   seller and below which a lot will not be sold.
                                         identity of the seller or previous owners may   security as Sotheby’s may require in its   The reserve is generally set at a percentage
               to  the  provisions  of  the  Conditions  of
               Business and Authenticity Guarantee.  not be disclosed for a variety of reasons. For   absolute discretion as security for the bid. If all   of the low estimate and will not exceed the
                                         example, such information may be excluded   lots in the catalogue are “Premium Lots”, a   low estimate for the lot. If any lots in the
                                         to accommodate a seller’s request for   Special Notice will be included to this eff ect   catalogue are off ered without a reserve, these
               1.  When a piece is in our opinion of a certain   confi dentiality or because the identity of prior   and this symbol will not be used.  lots are indicated by a box (□). If all lots in
               period, reign or dynasty, this attribution   owners is unknown given the age of the work   the catalogue are off ered without a reserve,
               appears in bold type, directly below the   of art.                            a Special Notice will be included to this eff ect
               heading of the catalogue entry for every lot          Guaranteed Property
                                                                   The seller of lots with this symbol has   and the box symbol will not be used.
                 e.g. A blue and white dish in our   Buyer’s Premium A buyer’s premium will be   been guaranteed a minimum price from
                 opinion of the Jiajing period of the   added to the hammer price and is payable by   one auction or a series of auctions.  This
                 Ming dynasty is catalogued as:  the buyer as part of the total purchase price.   guarantee may be provided by Sotheby’s, by   ◉ Restricted Materials
                                                                                             Lots with this symbol have been identifi ed at
                 A Blue and White Dish, Ming Dynasty,   The buyer’s premium is 25% of the hammer   a third party or jointly by Sotheby’s and a third   the time of cataloguing as containing organic
                 Jiajing period          price up to and including HK$2,400,000, 20%   party. A guarantee may be in the form of an   material which may be subject to restrictions
                                         of any amount in excess of HK$2,400,000 up   irrevocable bid provided   regarding import or export. The information
               2.  No fi rm attribution to a period is intended   to and including HK$31,000,000, and 12.9%   by a third party.  Third parties providing or   is made available for the convenience of
               by any work in a description not confi rmed by   of any amount in excess of HK$31,000,000.  participating in a guarantee may benefi t   Buyers and the absence of the Symbol is
               an attribution in bold type after the heading of    fi nancially if a guaranteed lot is sold   not a warranty that there are no restrictions
               the lot.                  1. BEFORE THE AUCTION     successfully and may incur a loss if the sale   regarding import or export of the Lot; Bidders
                                                                   is not successful.  If every lot in a catalogue   should refer to Condition 10 of the Conditions
               3.  Where attribution is given in the heading   Catalogue Subscriptions If you would like   is guaranteed, the Important Notices in the   of Business for Buyers. Please also refer to
               for a lot and there is more than one piece   to take out a catalogue subscription, please   sale catalogue will so state and this symbol   the section on Endangered Species in the
               in the lot, all the pieces in the lot belong   ring (852) 2822 8142.  will not be used for each lot. If a third party   information on Buying at Auction.
               in our opinion to the period in bold unless         providing or participating in a guarantee is
               specifi cally stated to be otherwise.
                                         Deposit If you wish to bid on (  ) lots in the   the successful bidder for the guaranteed lot,   Condition of Lots Prospective buyers are
                                         printed catalogue and ( ) lots in the   they will be required to pay the full Buyer’s   encouraged to inspect the property at the
               4.  Where no attribution is given to a piece, it   eCatalogue, you may be requested by   Premium.  pre-sale exhibitions. Solely as a convenience,
               is of doubtful period in our opinion or of 19th   Sotheby’s to deliver to Sotheby’s a deposit of   Sotheby’s may provide condition reports.
               or 20th century date.
                                         HK$5,000,000 or such other higher amount            The absence of reference to the condition
                                         as may be determined by Sotheby’s (for any     Property in which Sotheby’s has an   of a lot in the catalogue description does
                                                                   Ownership Interest
               5.  With respect to Asian hardwoods, the   items of Chinese Works of Art, Fine Chinese   not imply that the lot is free from faults or
               terms ‘Huanghuali’, ‘Huali’ ‘Hongmu’ ‘Zitan’   Paintings, Fine Classical Chinese Paintings,   Lots with this symbol indicate that Sotheby’s   imperfections. Please refer to Condition 3 of
               and others appearing within single quotes   Magnifi cent Jewels & Jadeite and Modern &   owns the lot in whole or in part or has an   the Conditions of Business for Buyers printed
               in bold or capital letters in the heading   Contemporary Art – Evening Sale) and of   economic interest in the lot equivalent to an   in this catalogue.
               are descriptive identifi cations based on   HK$2,000,000 or such higher amount as   ownership interest. If all lots in the catalogue
               appearance, and are not intended to denote a   may be determined by Sotheby’s (for any   are lots in which Sotheby’s has an ownership   Electrical and Mechanical Goods All
               specifi c scientifi c  species.                     interest, a Special Notice will be included to
                                         items in other categories), and any fi nancial   this eff ect and the triangle symbol will not be   electrical and mechanical goods are sold on
                                         references, guarantees and/or such other   used.    the basis of their decorative value only and
                                         security as Sotheby’s may require in its            should not be assumed to be operative. It is
               IMPORTANT NOTICE          absolute discretion as security for the bid.   Irrevocable Bids  essential that prior to any intended use, the
                                         For any lots other than Premium Lots,   Lots with this symbol indicate that a party   electrical system is checked and approved by
               Please note that all lots are sold subject  regardless of the low pre-sale estimate for the   has provided Sotheby’s with an irrevocable   a qualifi ed electrician.
               to our Conditions of Business for Buyers  lot, Sotheby’s reserves the right to request   bid on the lot that will be executed during
               and  Authenticity  Guarantee,  which  are  from prospective bidders to complete the pre-  the sale at a value that ensures that the lot   2. BIDDING IN THE SALE
               set forth at the back of this catalogue and   registration application form and to deliver   will sell.  The irrevocable bidder, who may
               Conditions of Business for Sellers,  which  to Sotheby’s a deposit of HK$1,000,000 or   bid in excess of the irrevocable bid, will be   Bidding at Auction Bids may be executed
               are  available  from  Sotheby’s  offices  on  such higher amount as may be determined   compensated based on the fi nal hammer   in person by paddle during the auction, in
               request. Prospective bidders should review   by Sotheby’s (for any items of Chinese Works   price in the event he or she is not the   writing prior to the sale by telephone or by
               the  Conditions  of  Business,  Authenticity  of Art, Fine Chinese Paintings, Fine Classical   successful bidder. If the irrevocable bidder   BID now .
               Guarantee and the Guide for Prospective  Chinese Paintings, Magnifi cent Jewels &   is the successful bidder, he or she will be   Auction speeds vary, but average between 50
                                         Jadeite and Modern & Contemporary Art –   required to pay the full Buyer’s Premium   and 120 lots per hour. The bidding steps are
               Buyers.  Nevertheless,  prospective buyers
               are reminded that all lots are sold as shown   Evening Sale) and of HK$500,000 or such   and will not be otherwise compensated. If   generally in increments of approximately 10%
                                         other higher amount as maybe determined by   the irrevocable bid is not secured until after   of the previous bid.
               and their attention is drawn to Condition  Sotheby’s (for any items in other categories)
               3  of  Conditions  of  Business  for  Buyers        the printing of the auction catalogue, a pre-  Please refer to Conditions 5 and 6 of the
                                         and any fi nancial references, guarantees   lot announcement will be made indicating   Conditions of Business for Buyers printed in
               printed in this catalogue.
                                         and/or such other security as Sotheby’s may   that there is an irrevocable bid on the lot.  If   this catalogue.
                                         require in its absolute discretion as security   the irrevocable bidder is advising anyone
               Ivory Some items in this sale contain ivory   for the bid.  with respect to the lot, Sotheby’s requires
               which may be subject to export and import           the irrevocable bidder to disclose his or her   Bidding in Person To bid in person, you will
               restrictions. In addition, African elephant ivory   Pre-sale Estimates Pre-sale estimates are   fi nancial interest in the lot.  If an agent is   need to register for and collect a numbered
               cannot be imported into the United States.   intended as a guide for prospective buyers.   advising you or bidding on your behalf with   paddle before the auction begins. Proof
               Please refer to the Endangered Species   Any bid between the high and low pre-sale   respect to a lot identifi ed as being subject to   of identity will be required. If you have a
               section in the Buying at Auction guide printed   estimates would, in our opinion, off er a chance   an irrevocable bid, you should request that   Sotheby’s Identifi cation Card, it will facilitate
               in the catalogue. Your attention is also drawn   of success. However, all lots can realise prices   the agent disclose whether or not he or she   the registration process. If you wish to register
               to Condition 10 of the Conditions of Business   above or below the pre-sale estimates.  has a fi nancial interest in the lot.  to bid on a Premium Lot, please see the
               for Buyers.                                                                   paragraph above.
                                         It is advisable to consult us nearer the            Should you be the successful buyer of a lot,
                                         time of sale as estimates can be subject    Interested Parties  please ensure that your paddle can be seen by
                                         to revision. The estimates printed in the   Lots with this symbol indicate that parties   the auctioneer and that it is your number that
               GUIDE FOR PROSPECTIVE     auction catalogue do not include the buyer’s   with a direct or indirect interest in the lot   is called out. Should there be any doubts as to
               BUYERS                    premium.                  may be bidding on the lot, including (i) the   price or buyer, please draw the auctioneer’s
                                                                   benefi ciary of an estate selling the lot, or   attention to it immediately.
               Buying at Auction The following pages   Symbol Key The following key explains the   (ii) the joint owner of a lot.  If the interested   All lots sold will be invoiced to the name
               are designed to give you useful information   symbols you may see inside this catalogue.  party is the successful bidder, they will be   and address in which the paddle has been
               on how to buy at auction. Sotheby’s staff  as       required to pay the full Buyer’s Premium.  In   registered and cannot be transferred to other
               listed at the front of this catalogue will be    Premium Lots  certain instances, interested parties may have   names and addresses.
               happy to assist you. However, it is important   In order to bid on “Premium Lots” (  in print   knowledge of the reserve.  In the event the   Please do not mislay your paddle; in the event
               that you read the following information   catalogue,    in eCatalogue), Sotheby’s may   interested party’s possible participation in the   of loss, inform the Sales Clerk immediately. At
               carefully and note that Sotheby’s acts for   request from prospective bidders to complete   sale is not known until after the printing of the   the end of the sale, please return your paddle
               the seller; you should refer in particular to   the pre-registration application form and to   auction catalogue, a pre-lot announcement   to the registration desk.
               Conditions 3 and 4 of the Conditions of   deliver to Sotheby’s a deposit of   will be made indicating that interested parties
               Business for Buyers printed in this catalogue.  HK$5,000,000 or such other higher amount   may be bidding on the lot.  Absentee Bids If you cannot attend the
               Prospective bidders should also consult   as may be determined by Sotheby’s (for any   auction, we will be happy to execute written
               www.sothebys.com for the most up to date   items of Chinese Works of Art, Fine Chinese   bids on your behalf. A bidding form can be
               cataloguing of the property in this catalogue.
                                         Paintings, Fine Classical Chinese Paintings,
                                                                                                    ARCADIAN BEAUTY    159
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